Evolved08gsr's Crypto Briefing August 10, 2017 (9:00 AM EST)
My Analysis of the Activity From the Past 24 Hours
Overview
#ethereum continues to climb, #bitcoin has leveled out and is back to positive growth, and Litecoin has flattened out with a negligible drop.
- Bitcoin (BTC) is at $3,387.20, $63.10 Higher than at the same time yesterday, or Up 1.90%
- Ethereum (ETH) is at $304.65, $7.51 Higher than at the same time yesterday, or Up 2.53%
- Litecoin (LTC) is at $48.00, $0.01 Lower than at the same time yesterday, or Down 0.02%
Evolved08gsr's Analysis
- It appears that BTC investors done taking profits, for now, and have began re-investing in BTC. Or it could be that enough people saw the dip and decided to buy-in!
- ETH continues to impress with steady growth, showing a gain of 36.92% since the same time of day 7 days ago! For the same period, BTC is showing 21.84% growth and LTC is showing 13.14% growth. None of which should be scoffed at. If you compare the S&P 500 for the same period, the growth rate is a mild 0.08%.
Evolved08gsr's Trend Follow-Up
- Keeping an eye on the Bitcoin spikes between the 12:00 AM to 1:00 AM EST and 4:00 AM to 5:00 AM EST time slots...
-- For the 3rd day in-a-row, both of these time slots have continued the trend of showing growth at these times. - Keeping an eye on Ethereum spikes around the 8:00 AM to 9:00 AM EST time period.
-- It appears that this morning was flat, with a slight drop between this time period. I will take another look at this tomorrow.
Chart Source: Coinbase
All Times Eastern (EST)
All Prices are in US Dollars ($)
Bitcoin (Last 24 hours):
![](https://steemitimages.com/DQmQq7isPzQZrkWgGGCrqMfKeCB7NYi3TNLuPfnCgqHWJi5/image.png)
Ethereum (Last 24 hours):
![](https://steemitimages.com/640x0/https://steemitimages.com/DQmb8HD19aXhXgvLCYi3Q7Y6oYisWRzXWBjbJkrKKE1AneR/image.png)
Litecoin (Last 24 hours):
![](https://steemitimages.com/DQma7p8Uh9igGY7NaViPsZfixGz79CjtTSRv2JvWf2MVVRH/image.png)
My Crypto Updates:
- Evolved08gsr's Crypto Briefing 8/9/2017
- Evolved08gsr's Crypto Briefing 8/8/2017
- Why I'm Saving my Bitcoin Cash
- It Looks Like Ethereum (ETH) is Climbing while Bitcoin (BTC) is Stagnating
- Evolved08gsr's Dabbling into Cryptocurrencies
If you want to read more, please take a look at some of my other posts:
- The Epic Failure of Steemit, and Why you Should Care
- Evolved08gsr's SteemSQL Analysis - Post #002 - Working to Identify and Eradicate Spam Accounts Follow-Up
- Evolved08gsr's SteemSQL Analysis - Post #001 - Working to Identify and Eradicate Spam Accounts
- Evolved08gsr's Steemit Navigation Tips
- Steemit Goal(s) for this week and beyond!